Colorado Springs Real Estate Podcast with Jason Daniels

Jason Daniels

If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Finch & Gable - your professional Colorado Springs Real Estate Agents.

  1. 03/26/2021 ·  Video

    The Pros and Cons of a New Construction Home Purchase

    Here’s what you need to know about buying new construction right now. The advantages of buying a new construction home in today’s intense seller’s market currently outweigh the disadvantages. But what, exactly, are those advantages? For starters, you’re locking in a price while the home is being built, and you won’t face much competition. Resale homes, on the other hand, are seeing five, 10, and 15 offers right now. When you sit down with your agent and the builder to write up the contract, you know that the price is set—you won’t have to bid up to $15,000, $20,000, or even $30,000 over asking price.  Furthermore, home values have been appreciating at an impressive clip in recent months. Due to the building shortage, the typical construction time for a new home is right around 10 to 12 months. By the time you close, it’s likely that your property will have already seen some slight appreciation.  You also have the ability to choose some of the home’s amenities—color schemes, flooring, kitchen cabinets, etc. Another huge perk: Access to the most modern living accommodations. There are a lot of newer areas with HOAs that include recreation centers and shared facilities. “By the time you close, it’s likely that your property will have already seen some slight appreciation.” Let’s take a look at some of the cons. Though interest rates have gone up a little bit, there’s reason to believe that they’ll remain fairly steady for the next 12 months. That said, if we do see a significant adjustment, then that means you’ll miss out on locking in a great rate. Second, builders are increasing their prices about every four to six weeks, primarily because there’s a shortage of both labor and materials.  Here at Finch & Gable, we all know the new construction home process. My background is actually construction management, as I used to be working on the other side of the fence for a contractor. We’re equipped to guide you through the whole process from A to Z. We can help you make sure that the contractors are staying on schedule and that you’re not going over budget on change orders. Post-closing, we’ll help you handle any warranty issues.  If you’re thinking about purchasing a new construction home or have any other questions relating to real estate, don’t hesitate to reach out to us. We’d love to be your go-to resource and guide for all things new construction.

  2. 03/13/2021 ·  Video

    How to Sell for Top Dollar in a Hot Market

    Here’s some helpful advice for sellers in this hot, fast-paced market. Lately, we’ve had a lot of clients ask us about the different options they have in this market, and there are a few misconceptions we want to clear up: 1. Don’t sell as is. With some basic paint, carpet, and flooring, you can double, triple, or even quadruple your investment if the home is marketed properly. 2. Don’t overprice. We see homes in this market that are overpriced all the time. They end up sitting on the market for a lot longer than the rest. Price it at or slightly below market value and that’s where you’ll get top dollar. 3. Don’t use a discount broker or FSBO. If you use a discount broker, you might expect a discount price for your home. FSBO can be very challenging for someone with no experience, and you’re likely to get taken advantage of by seasoned agents and investors. “Price your home at or slightly below market value.” In this market, we’re getting our sellers more money than ever before by following these steps. If you have any questions about selling in this market or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

  3. 02/26/2021 ·  Video

    How Can You Buy and Sell Simultaneously?

    There are several options available when you need to sell your home and buy a new one. In this current seller’s market, buying and selling a home at the same time can be a little tricky. I’m here today with some tips to help you succeed if you’re in a position where you need to buy and sell. It can be difficult navigating a move with so many moving parts and pieces. The first thing you should know is that contingent offers are no longer viable. They may have worked in past markets, but they don’t in this seller’s market. With most sellers receiving multiple offers and selling over list price with no contingencies, it puts buyers who need to sell first in a predicament because they have their money tied up in their home’s equity. There are a few different ways to buy and sell simultaneously. The first option is the most traditional. We’ll sell your home first, close on it, and use that cash to buy your new home. This very well could mean two moves in this market. The second option is using a bridge loan or line of credit to buy your next home before selling without having to make a contingent offer. However, you’d still have to qualify for two mortgage payments. “We have several different programs that might be able to help you.” One other thing you can do in this market is to negotiate a rent-back from the buyer to get the home under contract. This can give you up to 60 days to find a new home after you’ve sold your first one. Here at Finch and Gable Real Estate, we have exclusive partnerships with investors who can make this process stress-free for you. They’ll pay market value for your current home in cash, and they’ll make a cash offer on your behalf for your next home, making your offer that much stronger. Then you can align the closings so you don’t have two house payments or two moves. It’s a great way to alleviate the stress of having to buy and sell in this market. We have several programs, so please reach out if you’re interested, and we can assess your situation. We’ve sold 1,500 homes and helped hundreds of buyers and sellers buy and sell at the same time. It doesn’t have to be scary. If you have any questions about selling your home or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

  4. 01/23/2021 ·  Video

    The Impact of Space Command Leaving Colorado

    Is the Space Force Command really leaving Colorado Springs? We just got word that the Space Force Command will most likely be leaving Colorado Springs. It was announced recently that Huntsville, Alabama, will be housing the permanent headquarters for Space Command. This development has been upsetting to local politicians due to the $450 million economic impact this will have on our community, including 1,400 jobs, 40 of which are active duty and 60 are civil service. On top of that, there are likely going to be hundreds, if not thousands, of jobs tied to the contractors that service the military for Space Command here in Colorado. The good news is that we’ll still serve as a temporary location for at least three to five more years; the final decision won’t be made until 2023. When the new administration takes over, they may change their minds and keep Space Command headquarters right here. With our five military installations, this is a great place for it. “Despite the potential loss from this move, we’ll still have plenty of job opportunities from other businesses coming to the area.” So what does this mean for the housing market? For one, the developer Flying Horse East was planning to build 3,500 homes in the area around Schreiver Air Force Base, a decision which may be put on hold. However, In-N-Out Burger has brought several hundred jobs to us, and they’re bringing even more into the distribution. We’ll also see an influx of jobs for Amazon, which developed a four-million square foot building to house the more than 1,000 employees they’ll need. Scheels Sporting Goods is bringing 300 to 400 jobs within the next couple of months, as well. Ultimately, we’ll be fine if Space Command does relocate, but that doesn’t reduce the potential impact of losing $450 million to $800 million a year. If you have any questions about the real estate market or how these developments will impact the economy, don’t hesitate to reach out to us.

  5. 01/09/2021 ·  Video

    Understanding Zillow’s Zestimates

    A Zestimate should only function as a starting point for your home’s value. Can you trust Zillow’s Zestimates? The short answer is no—whether you’re buying or selling, they should only be used as a starting point. Roughly 75% of the Zestimates in Colorado are inaccurate. Even Zillow states that their Zestimates are off by an average of 5%, and we’ve found that the average is usually closer to 10%. That means if the average sale price in your area is $400,000, the Zestimate for any home could be off by as much as $40,000. “We’d be happy to meet with you, go over the numbers, and give you a free, accurate valuation of your home.” Zillow relies on public and user-submitted data to calculate their Zestimates, which means that anyone can artificially inflate their home’s value on Zillow’s website. Think of it this way: If you weren’t feeling well and went to WebMD to give yourself a diagnosis, that might work if you have something as simple as a cold. If you have a serious health concern, though, you’ll probably reach out to a doctor. That’s why, if you really want to know what your home is worth, you’re better off reaching out to a real estate agent. Here at Finch & Gable, we’d be happy to meet with you, go over the numbers, and give you a free, accurate valuation of your home. If you’d like to take us up on this offer, would like to know more about Zillow, or have any other real estate questions, don’t hesitate to reach out to us. I look forward to hearing from you.

  6. 12/19/2020 ·  Video

    We’re Grateful for Your Support in 2020

    Thank you for your support this year. 2020 has been pretty tough; I know that many families still face challenges. We started this year rebranding as Finch & Gable—and then the pandemic hit. Due to that, we didn’t think we were going to launch this company. We’ve not only been through a pandemic but also all the political turmoil that’s come up this year. Nevertheless, we made it through, thanks to your support. It’s now the Christmas season, and we were able to help over 100 families buy or sell a home here in Colorado. We’re just blessed to have been a part of our clients’ lives. Merry Christmas and happy holidays! We pray that your families will be blessed during the season as we have been and that you’re able to overcome whatever trials you face. If there’s anything we can do for you, please reach out to us. See you in 2021!

  7. 11/21/2020 ·  Video

    How Will the Election Impact the Market?

    How will this presidential election affect the future of the real estate market? This has been a crazy election year with a lot of strange things happening in the marketplace. So how will these events impact the upcoming real estate market? Both nationally and here in Colorado Springs, it’s not all doom and gloom—there is some good news in it all. There are four reasons why I think things will turn out okay: 1. There’s a huge demand for millennial buyers, who are driving the market across the U.S. We have many new job openings and opportunities coming into Colorado Springs. 2. Mortgage rates are historically low. The average is 2.85% for a 30-year fixed-rate, which is the lowest rates have ever been in recorded history. “Things will likely slow down during the holidays and pick back up in the spring.” 3. Home prices continue to appreciate thanks to our low inventory and high demand. 4. History shows the market will calm down soon. Experts have studied the market over the last 60 years with respect to presidential elections, and they found that it takes nearly a quarter before the market calms down; it just takes some time to get used to the new administration’s policies, especially those regarding housing finance. All in all, things are likely going to turn out alright in the end. Experts are saying that interest rates should remain low throughout the year. There is some speculation about how a COVID vaccine might affect things, but ultimately, things will likely slow down during the holidays and pick back up in the spring. The United States of America is the greatest country on Earth. We have a very resilient economy, and the people are resilient as well, especially here in Colorado Springs. I just know that 2021 is going to be a great year, and not just for real estate. If you have any questions about the current or future market or you’re looking to buy or sell a house, don’t hesitate to reach out to us. We’d love to help you.

  8. 10/03/2020 ·  Video

    How Does Our Green Photo Initiative Help Winter Sellers?

    By using our Green Photo Initiative, our winter home sellers will stand out amid the competition. If you’re thinking of listing your home this coming winter, our Green Photo Initiative will help it sell quickly and for top dollar. With this initiative, we’ll send a professional photographer to your house to take pictures of its exterior and capture its beauty while your lawn is still green and landscaping still in bloom. We’ll then hold onto these photos for you until you find your next home and are ready to list. You need a professional photographer who knows how to make people want your home, and we know several such photographers we can send your way. Last year, we were able to help many sellers maximize their exposure by using this strategy. When your home goes on the market in November, December, January, or February, it will stand out among the other listings that have drab, dreary winter pictures. If you’d like to sign up for this initiative, just call or email the Finch & Gable Real Estate Company anytime. If you have any other real estate needs, feel free to reach out to us as well. We’d love to hear from you.

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If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Finch & Gable - your professional Colorado Springs Real Estate Agents.

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